Report: How can sustainable finance support the transformation of hydrocarbons-dependent economies?
19 Jan 2022
With the world economy heading into a complex post-pandemic recovery, GCC governments have outlined a wide-ranging set of environmental targets – and shone a stronger spotlight on sustainability. At a time when sustainable finance is reaching maturity in more developed markets, regulators and financial services providers across emerging markets are working to adapt environmental, social and governance (ESG) principles to the local economic, social and cultural context.
Abu Dhabi Global Market (ADGM) is making efforts to bring regulatory clarity to sustainable investment in an oil-based economy and boost green finance flows to the region, as it seeks to capitalise on the prevalence of high-net-worth individuals and recent economic reforms in the UAE to channel more wealth into sustainable value creation. Released on the day of Abu Dhabi Sustainable Finance Forum 2022, this report evaluates the main opportunities in ADGM’s sustainability agenda.
Click here to download full report.
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